Europe WiGig Market

Europe WiGig Market

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Raksha

Author:

Raksha Sharma

Amulya

Fact-checked by:

Amulya Agarwal

Shruti

Editor:

Shruti Bhat

The Europe WiGig market size is expected to expand at significant CAGR during forecast period 2021–2028. Growth of the market is attributed to increasing demand for high-speed connectivity, rising internet activity, increasing number of video streaming, and rapidly emerging economies.

Europe WiGig Market summary

The 60 GHz wireless network systems refer to a WiGig, which is also called as wi-fi at 60 GHz. The 802.11ay and the IEEE 802.11ad standards are fitted in the WiGig. Devices can communicate at multi gigabit speeds without using cables cause of WiGig specifications. For smartphones and home theater equipment the WiGig is designed for cable replacement using the unlicensed 60 GHz band. In noisy environment the WiGig throttles down to wi-fi speed but also give more bandwidth than wi-fi and provides 7 Gbps data rate. It can transmit up to 60 feet when there is no obstruction in the signal.

The covid-19 outbreak was not able to affect the WiGig enterprises. The Europe WiGig market players faced several problems varying from getting component require to develop home appliances and providing end products to attracting workers from quarantines. The coronavirus-driven confinement places a brake on the element and WiGig production, which increased product costs and reduced the market demand. However, the WiGig devices trade is returning to traditional and witnessing the steady increasing energy demand, particularly from the commercial sector.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising adoption of high-resolution videos is projected to boost the market in the coming years.
  • Technological advancement in the communication sectors is major factor fueling the market during the forecast period.
  • Increasing chipset manufacturing cost is anticipated to hamper the market growth.
  • High maintenance cost is projected to hamper the market growth in the coming years.
  • R&D investment and technological advancement in WiGig is projected to create lucrative opportunities for the market players.

Scope of the Report

The report on the Europe WiGig market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Europe WiGig Market–Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018-2019

Forecast Period

2021-2028

Segmentation

Products (Network Infrastructure Devices and Display Devices??), Applications (Networking, Gaming & Multimedia?, and Others)

Geographical Scope

Italy, Spain, Netherlands, Poland, Germany, France, United Kingdom, and Rest of the Europe

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players covered in the Report

HP Development Company LP; Dell Technologies Inc.; Panasonic Corp.; Sivers Ima Holding AB; Blu Wireless Technology Ltd.; Intel Corp.; Fujikura Ltd; Qualcomm Technologies Inc.; Broadcom Inc.; Cisco Systems Inc.; and Lenovo Group Ltd.

Market Segment Insights

The network infrastructure devices segment accounts for key share of the market

Based on products, the Europe WiGig market is bifurcated into network infrastructure devices and display devices. The network infrastructure devices segment accounts for a key share of the market. Growth of the market is attributed to increasing quality of video streaming, increasing per capita income, and well-developed infrastructure. The display devices segment is anticipated to expand at a rapid pace during the forecast period due to factors such as penetration of broad brands & smartphones, rising investment by government & private sectors, and rapid development in 5G sector.

The networking segment accounts for major share of the market

On the basis of applications, the market is fragmented into networking, gaming & multimedia, and others. The networking segment accounts for major share of the market. Growth of the market is attributed to increasing adoption of over-the top content and rising need for fast data transfer. However, the gaming & multimedia segment is anticipated to expand at a rapid pace during the forecast period due to factors such as virtually interference free & highly secure operations and presence of major number of key players.

United Kingdom is estimated to hold a major market share

On the basis of geography, the Europe WiGig market is categorized as Italy, Spain, Netherlands, Poland, Germany, France, United Kingdom, and Rest of the Europe. The market of France is anticipated to expand at a high CAGR during the forecast period due to increasing number of research & development procedures, data transfer at high rate, and good return on investment. The market of United Kingdom is estimated to hold major market share due to increasingly opting for wireless & technologically advanced products, increasing adoption of work from home model, and rising need for devices with high data throughput.
 

Segments

Segments Covered in the Report
The Europe WiGig market has been segmented on the basis of
Products

  • Network Infrastructure Devices
  • Display Devices

Applications

  • Networking
  • Gaming & Multimedia​
  • Others

Geography

  • Italy
  • Spain
  • Netherlands
  • Poland
  • Germany
  • France
  • United Kingdom
  • Rest of the Europe

Key Players

  • HP Development Company LP
  • Dell Technologies Inc.
  • Panasonic Corp.
  • Sivers Ima Holding AB
  • Blu Wireless Technology Ltd.
  • Intel Corp.
  • Fujikura Ltd
  • Qualcomm Technologies Inc.
  • Broadcom Inc.
  • Cisco Systems Inc.
  • Lenovo Group Ltd.

 

Competitive Landscape

Key players competing in the Europe WiGig market include HP Development Company LP; Dell Technologies Inc.; Panasonic Corp.; Sivers Ima Holding AB; Blu Wireless Technology Ltd.; Intel Corp.; Fujikura Ltd; Qualcomm Technologies Inc.; Broadcom Inc.; Cisco Systems Inc.; and Lenovo Group Ltd.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and raise their production line of the business in the coming years.

Europe WiGig Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. WiGig Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. WiGig Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. WiGig Market - Supply Chain
  4.5. Global WiGig Market Forecast
     4.5.1. WiGig Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. WiGig Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. WiGig Market Absolute $ Opportunity
5. Global WiGig Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. WiGig Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global WiGig Demand Share Forecast, 2019-2026
6. North America WiGig Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America WiGig Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America WiGig Demand Share Forecast, 2019-2026
7. Latin America WiGig Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America WiGig Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America WiGig Demand Share Forecast, 2019-2026
8. Europe WiGig Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe WiGig Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe WiGig Demand Share Forecast, 2019-2026
9. Asia Pacific WiGig Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific WiGig Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific WiGig Demand Share Forecast, 2019-2026
10. Middle East & Africa WiGig Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa WiGig Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa WiGig Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global WiGig Market: Market Share Analysis
  11.2. WiGig Distributors and Customers
  11.3. WiGig Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. HP Development Company LP
     11.4.2. Dell Technologies Inc.
     11.4.3. Panasonic Corp.
     11.4.4. Sivers Ima Holding AB
     11.4.5. Blu Wireless Technology Ltd.
     11.4.6. Intel Corp.
     11.4.7. Fujikura Ltd

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